Terry L. Brock tells us the story of George Hotz of New Jersey and then extrapolates some principles from George's persistence in breaking the iPhone code.
What will this mean for users? Ability to get to other phone companies, not just AT & T? Will this affect the privacy and confidentiality issues uppermost in conversation of lawyers? Will there still be an expectation of privacy when lawyers use the iPhone?
While the legal issues may be argued in court, the market place will make many decisions for users as well as Apple, the manufacturer.
Thus, today's article in The American Lawyer by David Brown may shock those of us who are over the age of 30!
He talks about the “paycheck report,” a survey of “mid-level” associate compensation. Associates’ paychecks exceed $200,000 per year and, in some instances, reach $350,000!
25 minutes, 35 seconds
Celebrate with your staff and those in your office who make it possible for you to focus your attention on the practice of law and the meaningful connection with your clients.
This is consistent with statistics that show experienced lawyers earning less than the public believes lawyers earn: 50% at less than $100,000 and 25% at less than $50,000!
Thus, lawyers are "between a rock and a hard place!" The public believes that figures reported in the Wall Street Journal of August 22nd to the effect that lawyers are now charging $1,000 per hour is the norm or standard. Yet, only a few lawyers are commanding that fee level, and then only in the "bet the company" kind of cases. Commoditized work cannot command that rate. Even in extraordinary matters, that rate approaches what one New York law firm partner said is clients' "vomit point."
I was asked if the current credit crunch/crisis is affecting law firms.
My response was that the credit crunch, I think, is somewhat artificial … and folks that are being hurt are ones that extended themselves too far in the first place without a safety net …. Or ones whose business just evaporated without warning (although there usually is some kind of warning if observant).
Ed Interviews Thom Singer, author of Some Assembly Required, 2nd edition and The ABC's of Networking
22 minutes, 01 seconds
Reid Trautz mentioned his observations from our panel:
"From a terrific panel of firm financial managers moderated by Ed Poll, comes these interesting ideas:
- Firms are taking advantage of the new check scanners offered by some banks to more quickly and securely deposit client checks.
- More firms are closing their billing on the 25th day of each month to get their bills into the "first of the month" billing cycle of clients--both businesses and individuals.
- Law firms are putting more pressure on partners to collect bills sooner (nothing new there!), but they are using automated e-mail and other added technology features now available in many time & billing programs to keep the pressure on, well, automatically!
- Larger firms are doing more to ensure that each new client matter has a signed representation letter or agreement before starting any work. This is a smart practice, and is just one area where large firms tend to lag behind smaller firms."
What's in it for you? There are many reasons, but here are three:
- Enhance you uniqueness in business strategy and leadership to enhance your bottom line.
- Learn the 6-step formula for proven goal setting and high achievement, plus how to have more fun and take your practice to the next level.
- Discover five simple questions you can ask informally that can teach you so much about other people and make them feel important.
Being effective with clients, efficient in the delivery of services to clients and therefore more profitable, we are actually protecting the public by providing sufficient resources to the lawyer to feed his/her family and therefore have no need to invade the trust account funds.
To say that law is a business, a service business, is not to deny that it is also a profession rooted in the highest ideals from the very beginning of our country. Continue Reading...
Scott was a general agent for 20 years and has consulted with buyers for the last 7. While he works out of Maine, his consulting is national in scope.
Listen now for ideas on how to reduce your overhead and increase your protection.
33 minutes, 47 seconds
Lawyers have a very difficult time truly understanding what we (lawyers) provide to clients. Clearly, this is not easy for most of us. Saying "we provide solutions" is not sufficient.
Because of this, it is difficult to differentiate ourselves from the other 1 million lawyers in this country! As the legal profession matures and lawyers come to fully understand the business-like qualities of professional service providers, being able to state the differentiation in ways clients understand may be one key to economic survival.
Portland, OR 49
I'm surprised that Western cities (further south of OR) aren't on the list and, with all the politicians in the area, why Washington didn't rate higher ...
But, it takes a blog to talk about the blogging list, right? :-)
"As long as you're on a personal improvement kick, you may as well be recording it in some fashion. Blog it.... "
So, it seems we now have permission from the heavens to blog, to share and to collaborate. Let's blog!
I'm pleased to say we were included.
“‘Particles have been shown beyond any doubt to be a health hazard,’ said study author Lidia Morawska, a physicist at Queensland University of Technology in Australia.”
HP LaserJet and Ricoh fared well in the study. But HP, for example, had non-emitters in eight HP LaserJet 4050 series printers, while having high emitters in their LaserJet 1320 and 4250, “which, when printing, increased the particle number in the air more than tenfold.”
For those who've been following my writing ... and seen our earlier design ... I'd welcome your thoughts and comments.
And for those who are coming to us for the first time, I'd welcome your thoughts on our new design as well.